Business

Sri Lanka for removal of non-tariff barriers with Pakistan

Views - 29 Thursday, 10 January 2019 01:53

www.dawn.com: LAHORE: Sri Lanka has sought removal of non-tariff barriers (NTBs) and other issues to improve trade with Pakistan. Addressing the Lahore Chamber of Commerce and Industry on Monday, High Commissioner of Sri Lanka to Pakistan Noordeen Mo


Annual General Meeting of NCE on 17 January

Views - 23 Thursday, 10 January 2019 01:53

The National Chamber of Exporters of Sri Lanka (NCE) the only private sector Chamber serving exporters will conduct its Annual General Meeting on 17 January 2019 at the Hotel Galadari commencing at 6 p.m. to elect office bearers, and council members


Weaving new life into discarded plastics: Eco Spindles pioneering the nation in recycling revolution

Views - 112 Thursday, 10 January 2019 01:11

Eco Spindles Ltd is leading the way in sustainable manufacturing by recycling plastic waste into an array of new products and mastering the art of taking discarded plastic waste and converting it into high quality products that can be used across mul


South Asia Textiles awarded Gold at National Business Excellence Awards 2018

Views - 31 Thursday, 10 January 2019 01:10

South Asia Textiles Ltd., a leading Sri Lankan textile manufacturer specialised in producing exceptional quality weft knitted fabric, recently announced that the company was the recipient of the Gold award in ‘Manufacturing – Apparel, Textile and


CBL wins Gold at International Convention on Quality Control Circles in Singapore

Views - 15 Thursday, 10 January 2019 01:09

Ceylon Biscuits Ltd. (CBL), one of Sri Lanka’s largest FMCG conglomerates, was recently awarded a prestigious Gold at the 43rd International Convention on Quality Control Circles (ICQCC) in Singapore. Hosted at the Resorts World Sentosa Convention


BOI signs agreement for warehousing and logistic project in Malwana

Views - 80 Wednesday, 9 January 2019 00:00

The Board of Investment of Sri Lanka signed an agreement with Skylift Container Depot and Logistics Ltd. to set up a facility that would be engaged in warehousing and logistic services with a container depot. This project with a total value of $ 1.8


Sri Lankan scientist wins awards and international recognition

Views - 1796 Wednesday, 9 January 2019 00:00

Professor Ravi Silva of the University of Surrey, UK has been awarded the James Joule Medal and Prize in November by the Institute of Physics (IOP), UK for his distinguished contributions to the development of carbon nanomaterials for use in cross-di


Sri Lanka Economic Association to hold 33rd Anniversary Annual Sessions on 18-19 January

Views - 184 Tuesday, 8 January 2019 00:11

The Sri Lanka Economic Association (SLEA), the premier Association of economists in the country, incorporated by an Act of Parliament and a member of the International Economic Association is holding its Annual Sessions on 18-19 January at the Centre


South Asia’s youth dividend can make or break the region, says Dushni Weerakoon

Views - 55 Tuesday, 8 January 2019 00:10

IPS Executive Director Dushni Weerakoon recently noted that the South Asian region has a youth dividend that can be used to countries’ advantage, by providing the right kind of education and job opportunities. However, failing to do sowould prove t


NCE enters Collaborative Memorandum of Understanding (MOU) with SLINTEC

Views - 72 Tuesday, 8 January 2019 00:10

The National Chamber of Exporters of Sri Lanka (NCE) the only private sector Chamber which exclusively serves Sri Lankan exporters has entered in to a Collaborative MOU with the Sri Lankan Institute of Nanotechnology (SLINTEC).The NCE is increasingly


Puttalam Chamber recognises Ruwangi’s dynamics efforts  by selecting her as Woman Entrepreneur 2018

Views - 425 Tuesday, 8 January 2019 00:00

Ruwangi Fernando who built Adeem Uniform of Saudi Arabia into a dynamic employer and a 100% exporter based in the North Western Province won the prestigious Woman Entrepreneur Award 2018 organised by the Puttalam District Chamber of Commerce and held


Outlook Seminar 2019 by Ceylon Chamber on 17 January

Views - 35 Tuesday, 8 January 2019 00:00

The Ceylon Chamber of Commerce will organise its annual Outlook Seminar for 2019 under the theme of ‘Building Resilience Amidst Uncertainty’. The seminar serves as an important opportunity to understand both the outlook for the economy and key se


Ambitious plans to boost R&D to 5% of GDP

Views - 35 Tuesday, 8 January 2019 00:00

A proposal has been compiled to mega-charge State-led research and development to eventually contribute 5% of GDP through effective partnering with the private sector to focus on technology research by collaborating with businessmen, experts and the


Mixed bag at 1st tea auction for 2019

Views - 45 Monday, 7 January 2019 02:45

By Forbes and Walker Tea Brokers The first sale of the year, last week, was a one-day restricted sale with a total quantity of 4.1 m/kg on offer. Low Grown Large Leaf teas witnessed a buoyant market, whilst High & Mid Grown Small Leaf teas encounter


Guruge Gems receives Presidential Awards

Views - 26 Monday, 7 January 2019 02:45

Guruge Gems Ltd., one of the leading companies in the gem and jewellery sector recently bagged two coveted awards at the Presidential Awards Ceremony organised by the National Gem & Jewellery Authority of Sri Lanka. The award ceremony was held under


Ambeon develops fin-biz strategy with MTI

Views - 120 Monday, 7 January 2019 02:42

Taprobane Capital Plus Ltd., a wholly owned subsidiary of Ambeon Holdings PLC recently selected MTI Consulting to conduct a strategising exercise to explore and identify opportunities for Taprobane Capital Plus within the Financial Services domain.


SLAMERP to promote industry training and development

Views - 80 Monday, 7 January 2019 02:41

Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) has taken an initiative to increasetraining and development of the manufactured rubber sector as it plansto expand the global presence and export volumes out of Sri Lan


Finco Technologies introduces Panasonic CCTV cameras to Sri Lankan market for first time

Views - 36 Monday, 7 January 2019 02:28

For the first-ever time, world renowned Japanese Panasonic CCTV cameras were introduced to the Sri Lankan market recently by Finco Technologies Ltd. A fully-owned subsidiary of Finco Group of Companies, Finco Technologies was incorporated in 2005 as


ISO certificates to SMEs via IDB

Views - 23 Monday, 7 January 2019 02:27

Industrial Development Board of Ceylon in collaboration with National Cleaner Production Centre successfully completed the project “Facilitating SMEs to obtain ISO 14001 certification through cleaner production practices”. The focus of this proje


LAUGFS Gas secures Gold at CA Annual Report Awards 2018

Views - 27 Monday, 7 January 2019 02:26

Continuing to set the benchmark high, LAUGFS Gas PLC, a pioneer in Sri Lanka’s energy sector, secured the prestigious Gold Award in the ‘Power and Energy Category’ for the sixth consecutive year at the 54th CA Annual Report Awards 2018. Organi


Pathfinder Foundation participates in ‘Water: Future War and Peace in the Subcontinent’

Views - 21 Monday, 7 January 2019 02:23

Pathfinder Foundation (PF) participated in a conference on ‘Water: Future War and Peace in the Subcontinent’ organised by Center for Global and Strategic Studies (CGSS) in Islamabad, Pakistan. Admiral Prof. Jayanath Colombage, Director, Center fo


Cargills pledges its commitment to serve Sri Lanka

Views - 163 Monday, 7 January 2019 00:00

Reiterating its commitment to serving the nation in a holistic manner, Cargills PLC Chairman Louis Page insisted they will consistently strive to approach new paths to build a legacy that all Sri Lankans can be proud of. “We want to build a legacy


Airports Authority of India awaits nod for Sri Lanka project

Views - 48 Saturday, 5 January 2019 00:00

Mumbai: State-run Airports Authority of India (AAI), which plans to build airports abroad, is yet to get India’s Ministry of External Affairs’ (MEA) nod to develop Sri Lanka’s Palaly Airport. State Minister for Aviation Jayant Sinha told the Lo


NCE to participate at the Jaffna International Trade Fair 2019

Views - 14 Saturday, 5 January 2019 00:00

The National Chamber of Exporters of Sri Lanka, will participate at the Jaffna International Trade Fair for the 6th consecutive year, commencing on 25 January.  This Trade Fair is organised by Lanka Exhibition and Conference Services (LECS). Membe


Sri Lanka Technological Campus joins hands with EDEX 2019

Views - 27 Saturday, 5 January 2019 00:00

In a groundbreaking initiative, Sri Lanka Technological Campus (SLTC), Sri Lanka’s fastest growing university, has partnered as the Exclusive Platinum Plus sponsor of the EDEX Higher Education Expo 2019, the country’s largest education exhibition


ACL Cables ascends LMD 100, showcasing market dominance

Views - 28 Saturday, 5 January 2019 00:00

Showcasing remarkable dominance, Sri Lanka’s Number 1 cable manufacturer, ACL Cables PLC has witnessed a marked rise according to LMD 100-Sri Lanka’s leading 100 listed companies 2017/2018 as published by the nation’s premier business magazine,


ComBank conducts Financial Literacy Program for green leaf suppliers in Matugama

Views - 22 Saturday, 5 January 2019 00:00

The Commercial Bank of Ceylon recently conducted a Financial Literacy Program for a group of micro entrepreneurs consisting of green leaf suppliers in the Matugama area, in collaboration with the Central Bank of Sri


Start the New Year with savings through My Emirates Pass

Views - 20 Saturday, 5 January 2019 00:00

Emirates, the world’s largest international airline, has announced the return of My Emirates Pass, an exclusive seasonal pass that turns an Emirates boarding pass into an exclusive membership package, allowing customers to take advantage of fantast


Puttalam District Chamber of Commerce felicitates top 10 entrepreneurs of the district

Views - 213 Friday, 4 January 2019 00:00

The Puttalam District Chamber of Commerce together with the FCCISL felicitated 10 businessmen who have done proud by the district as well as at national level. The selection of them was based on their financial situation and the tremendous support th


Eco Engineers Co. wins Gold at Green World Awards

Views - 47 Friday, 4 January 2019 00:00

Pioneer and leading waste water management company – Eco Engineers & Company based in Sri Lanka was recently awarded Global Gold Winner status at Green World Awards organised by Green World Organization based in the United Kingdom – the organiser


Today's Columnists

Automation and machine learning: Helping organisations extract deeper value from data

Tuesday, 22 January 2019

The world is in the midst of a data explosion. Humans are generating an estimated 2.5 quintillion bytes of data every single day1, according to Forbes, and more data was created in the past two years than in all of human history. No wonder data now r


SL tourism: From TOM to experience the brand in 2019

Tuesday, 22 January 2019

Last week I had just crossed the border that separates Laos from Thailand and was on route via land to Thailand. My mind was on Laos – a country branded globally as ‘Simply Beautiful’ (backed by the ADB in 2018) to attract visitors into the cou


Questionable (or absurd) official report on poverty indicators

Tuesday, 22 January 2019

The latest Report issued by the Ministry of National Policies and Economic Affairs on ‘Poverty Indicators’ is both questionable and outrageous.1This Ministry is under the responsibility of the Prime Minister, Ranil Wickremesinghe. Most of the sta


Teaching the younger generation to observe professional ethics is the need of the hour

Tuesday, 22 January 2019

When Sri Lanka got independence in 1948, it was one of the most promising nations both in Asia and in the Commonwealth countries. It had luckily emerged unscathed after the Second World War unlike our neighbours. Sri Lanka furthermore did not have to


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